Credit Administrator Salary

A Credit Administrator earns an average salary of $51,359 per year. A skill in Collections is associated with high pay for this job.

$35,038 - $101,299
$35K
$51K
$100K
MEDIAN: $51,359
10%
50%
90%

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$14.47 - $25.85
$14
$18
$26
MEDIAN: $18.31
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$50K$100K$150K
Salary
$35,038 - $101,299  
   
Bonus
$970 - $11,335  
Profit Sharing
$1,221  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$32,051 - $104,385  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 64
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$25$50$75
Hourly Rate
$14.47 - $25.85  
   
Overtime
$28.04  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$50K$100K$150K
Bonus
$970 - $11,335  
   
Profit Sharing
$1,221  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$32,051 - $104,385  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 26

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United States (change)

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Job Description for Credit Administrator

Credit administrators are responsible for managing and administrating credit-related duties on behalf of their company, and are in charge of facilitating and providing support-processing and electronic solutions for credit transactions. They also analyze credit requirements, process approval applications as required, approve and renew credit limits for clients and partners, and participate in business meetings to suggest new ways to approach credit administration processes.

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Credit Administrator Tasks

  • Assess credit risk.
  • Aggregate and evaluate data related to credit and credit risk to support organizational decision-making.
  • Ensure that approved accounts remain in good standing.
  • Establish terms for approved credit requests.

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Pay by Experience Level for Credit Administrator

Pay by Experience for a Credit Administrator has a positive trend. An entry-level Credit Administrator with less than 5 years of experience can expect to earn an average total compensation of $41,000 based on 38 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Credit Administrator with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $53,000 based on 21 salaries. An experienced Credit Administrator which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $54,000 based on 33 salaries. A Credit Administrator with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $83,000 based on 14 salaries.

Related Job Salaries

Key Stats for Credit Administrator

Gender

Female
76 %
Male
24 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 13 votes.
Less than 1 year
10%
1-4 years
28%
5-9 years
17%
10-19 years
30%
20 years or more
16%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Credit Administrator Salaries

▲71%

Experienced
▲12%

▲10%

National Average
$49,000

▼16%

Skills That Affect Credit Administrator Salaries

Collections
▲10%


National Average
$49,000


Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 13 votes.

Gender

Female
76 %
Male
24 %

Years of Experience

Less than 1 year
10%
1-4 years
28%
5-9 years
17%
10-19 years
30%
20 years or more
16%

Common Health Benefits

medical benefits
Medical: 88%
dental benefits
Dental: 85%
vision benefits
Vision: 81%
no benefits
None: 7%